DanaB27
Expert Alumni

Retirement tax questions

You cannot rollover an RMD. Therefore, if you indicate all of your distribution was an RMD you will not get the follow-up questions to tell TurboTax  this was a rollover.

 

If you took more than your RMD then you can rollover the extra amount only by following these steps:

 

  1. Login to your TurboTax Account 
  2. Click on "Search" on the top right and type “1099-R”
  3. Click on “Jump to 1099-R” and enter your 1099-R
  4. Continue until "How much was a RMD?" and select "Only part of this distribution was a RMD"
  5. Continue "Tell us if you moved the money through a rollover or conversion" and select "I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)"
  6. Continue answering the questions.

 

 

@wwsmoker 

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